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Shark Tank Index
Intelliweed

Intelliweed

Deal

An environmentally friendly weeding tool that pierces the weed and releases a herbicide.

Pitched by Omid Rad

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From the show

The Shark Tank Australia pitch

A$175K
Asked for
7.5%
Offered equity
A$2.3M
Sought valuation
A$175K
Deal amount
15%
Deal equity
A$1.2M
Deal valuation

Omid Rad brought Intelliweed into the Shark Tank Australia in season 2, episode 10, pitching an environmentally friendly weeding tool that pierces the weed and releases a herbicide..

They asked the sharks for A$175K for 7.5% of the company. That valued the business at A$2.3M.

Intelliweed reached a recorded on-air agreement with Glen Richards at A$175K for 15%. This records the accepted terms, not confirmation that funding was completed.

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Shark Tank Index may earn a commission on purchases made through links on this page. Deal figures are recorded on-air terms; acceptance does not establish completed funding.